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Medical Nutrition Global Market is Anticipated to Reach US$90 Billion by 2030, Nutrigenomics and Prevalence of Chronic Diseases to Bolster the Market Growth

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A new report by Industry Experts, Inc. on " Medical Nutrition Market " is released. The global Medical Nutrition market size is estimated at US$59.7 billion in 2024 and is projected to grow to US$89.6 billion by 2030, with a CAGR of 7% during the forecast period 2024-2030. The global medical nutrition market is fueled by several significant factors. An increase in the prevalence of chronic diseases, including diabetes, cardiovascular diseases, and cancer, is driving the demand for specialized medical nutrition aimed at managing and preventing these conditions. The acknowledgment by healthcare professionals of nutrition's significance in disease management and prevention is resulting in increased nutritional interventions in clinical settings. Furthermore, innovations in technology, such as nutrigenomics and wearable health devices, are empowering individuals to adopt personalized nutrition solutions. North America maintains a significant presence in the globa...

Asia-Pacific Leads Medical Nutrition Market Growth with 8.5% CAGR through to 2022 reaching $52 Billion Globally

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Industry Experts, Inc. introduced an updated 2018 version of its global market report on Medical Nutrition. As per this updated version of the report entitled " Medical Nutrition– A Global Market Overview ", Asia-Pacific projected to be the fastest growing market with a CAGR of 8.5% during the 2017-2022 period, enabling the region to reach US$13.4 billion by 2022. Medical Nutrition is a therapeutic composition developed to satisfy the nutritional requirements of patients that have specific medical conditions in a manner that supports their physical upkeep, treatment procedure, and symptom management. Medical Nutrition product segments analyzed in this study include Infant, Enteral and Parenteral while sub-types of Enteral medical nutrition comprise Standardized, Elemental/Semi-Elemental and Specialized. Infant Nutrition accounts for the largest share in the global Medical Nutrition market , with an estimated 2017 share of 45.5% that is equivalent to US$17 billion, follow...